News & Features

Misys and D+H – both owned by Vista Equity Partners – to merge

Misys, a London-based company that provides technology for the financial services, and D+H, a Canadian payments and lending technology provider, have announced they will merge. The merger comes after the acquisition of D+H by Vista Equity Partners, which acquired Misys in 2012. The new, combined, company will be called Finastra. It will have offices in… »

Banks debut faster P2P payments with Zelle network

More than 30 U.S. banks and credit unions are unveiling a unified service to customers this week, called Zelle, after years of watching Silicon Valley innovators from Square Inc. to Apple Inc. build peer-to-peer payment systems. It will supplant a patchwork of products the biggest banks have offered their customers for years. This time, the… »

Software AG releases GDPR compliance platform

Digital transformation firm Software AG, headquartered in Darmstadt, Germany, has created a framework for General Data Protection Regulation (GDPR) compliance. The product will provide reports, workflows, and surveys for data categorisation in order to help comply with the regulation. The GDPR is a piece of European Union legislation that comes into force in May 2018… »

India tech giant warns Trump’s `radical shift’ to hurt industry

India tech giant warns Trump’s `radical shift’ to hurt industry

Tech Mahindra Ltd. said net income was 5.9 billion rupees ($91 million) in the fourth quarter, compared with the average analyst estimate of 7.8 billion, according to estimates compiled by Bloomberg. Shares fell as much as 17 percent and traded 12 percent lower at 1:18 p.m. local time, the largest intraday decline since May 2015.… »

Morgan Stanley’s 16,000 human brokers get algorithmic makeover

The project, known internally as “next best action,” shows how one of the world’s biggest brokerages aims to upgrade its workforce while a growing number of firms roll out fully automated platforms called robo-advisers. The thinking is that humans with algorithmic assistants will be a better solution for wealthy families than mere software allocating assets for… »

SQS launches version 2.0 of its Industrialised Managed Service

SQS launches version 2.0 of its Industrialised Managed Service

SQS, a quality assurance consultancy with headquarters in Cologne and that is listed on the London Stock Exchange, has launched the latest version of its Industrialised Managed Service (iMS 2.0). The new service now includes a ‘Quality Intelligence Platform’ (QiP), which makes use of artificial intelligence to offer analytics in real time. The solution includes… »

TCS releases Cloud environment for testing and development

Indian technology consultancy giant TCS has launched what it is calling ‘Engineering Environment as a Service’, a Cloud-based environment for application development and testing on the Red Hat OpenStack Platform. Red Hat - based in North Carolina - provides open-source software to companies and offers a version of the OpenStack infrastructure as a service platform… »

Panaya launches Cloud tool for managing software delivery

Panaya, an Israel-based developer of software quality assurance solutions hosted on the Cloud, has created a tool it is calling Release Dynamix (RDx), designed to help manage software change delivery across environments, from conception through to testing and delivery. According to Panaya, RDx will provide businesses with an environment that fosters collaboration and allows for… »

Cyber attacks sends online-security ETF surging as FireEye gains

Cyber attacks sends online-security ETF surging as FireEye gains

After a wave of global online attacks over the weekend, companies such as FireEye Inc. that provide software security services gained Monday on speculation the exposed weaknesses may trigger a surge in security spending. The $967 million PureFunds ISE Cyber Security ETF, or HACK, jumped the most in six months. The malware unleashed late last… »

Parasoft releases new features for API testing and virtualization

Parasoft, a developer of test tools for quality assurance with headquarters in California, has expanded the functions of its SOAtest tool for API testing, as well as its Virtualize product for service virtualization. Users of Microsoft Visual Studio - a development environment that has in-built support for 36 languages including C and C++ - will… »

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